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Tech Mahindra reports 46.57% rise in Q2 net profit

05 Nov 2012 Evaluate

Tech Mahindra has reported results for second ended September 30, 2012.

The company has reported 46.57% rise in its net profit at Rs 160.13 crore for the quarter as compared to Rs 109.25 crore for the same quarter in the previous year.  Total income of the company has increased by 7.68% at Rs 1452.41 crore for quarter under review as compared to Rs 1348.86 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has reported 23.22% rise in its net profit at Rs 296.26 crore for the quarter ended September 30, 2012 as compared to Rs 240.43 crore for the same quarter in the previous year.  Total income of the company has increased by 9.58% at Rs 1567.42 crore for quarter under review as compared to Rs 1430.40 crore for the quarter ended September 30, 2011.

Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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